Bharatiya Janata Party (BJP) National General Secretary Arun Singh on Wednesday said that the ban on the Popular Front of India (PFI) was necessary to keep the country intact.

"At the time when riots took place in many districts in Rajasthan, we had said that PFI was involved. Even here (in Karnataka), when Siddaramaiah was in power, more than 23 people were killed. To keep the country intact (PFI) ban was necessary," Arun Singh told mediapersons in Bengaluru.

Tech giant Oracle has been fined $23 million for violating the Foreign Corrupt Practices Act (FCPA) by the US Securities and Exchange Commission (SEC). The firm created slush funds to bribe foreign officials in United Arab Emirates, Turkey, and India.

Referring to the company's India operations, the SEC said Oracle India's employees used "an excessive discount scheme" in connection with a transaction with a transportation company owned by the ministry of railways.

Several law firms in India have been seeing a sharp jump in companies approaching them to redraft employment agreements, find loopholes, and enforce restrictions to address the issue of moonlighting. Some companies are even asking law firms to enable the practice with proper checks and balances, a report in Economic Times (ET) said.

Moonlighting is a practice of having a secret job in addition to one's regular employment. India Inc has been greatly divided on the issue.

The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said.

The Adani Group will invest more $100 billion in the next decade with a substantial amount going for energy transition, said group chairman Gautam Adani on Tuesday, announcing "game-changing" plans that the billionaire claimed could make India a net-energy exporter.

The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure.

Raids against the Popular Front of India members continued on Tuesday as the National Investigation Agency raided the premises of PFI members at several locations in western Uttar Pradesh. These locations include the cities of Meerut and Bulandshahr.

An undisclosed number of people have been detained in connection with the raids.

After the Bhartiya Janta Party (BJP) expelled Vinod Arya from the party as his son was arrested in a murder case, the Congress party hit out at the ruling party and Prime Minister Narendra Modi for their silence on the killing of Ankita Bhandari.

While slamming the prime minister, Congress said that the silence of PM Modi and all the women workers of the party shows their “insensitivity” towards the murder of a teen who used to work as a receptionist in a resort in Uttarakhand.

Maharashtra Deputy Chief Minister Devendra Fadnavis on Monday said 20,000 personnel will be recruited in the state's police force, with advertisements for the first round of 8,000 posts already issued.

The process for the remaining 12,000 posts will be out soon, he told reporters here.

Mumbai Police's Anti Extortion Cell on Monday arrested businessman Riyaz Bhati in connection with an extortion case, officials said.

Bhati, who is said to be have links with underworld don Dawood Ibrahim, was wanted in the extortion case registered at the Versova Police Station, they said.

Netflix Inc. is creating its first in-house video games studio in a push to be less reliable on third-party creators and expand its gaming offerings.

The new studio will be based in Helsinki and headed by Marko Lastikka, according to a statement from Netflix on Monday. Lastikka previously spent more than five years at Zynga Inc., where he worked on FarmVille 3, and before that was the co-founder and executive producer at Electronic Arts Inc.’s Tracktwenty studio in Helsinki, according to his LinkedIn page.

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